Seaway Crude Pipeline Company LLC (Seaway) has announced its plans to hold an open season to gauge shipper support for an expansion of crude oil capacity on its existing system originating in Cushing, Oklahoma and extending to the Texas Gulf Coast area.
The expansion could provide an incremental 200 000 bpd of light crude capacity and include further quality enhancements in the segregation of heavy and light crude shipments. The cost-efficient expansion would debottleneck and optimise the system principally through pump upgrades.
Initial expansion capacity could be available by mid-2020, with the expansion fully in-service in 2022. The final capacity for committed and uncommitted service would be determined during the open season. Further expansion remains possible depending on customer demand. Seaway is targeting US$1.25/bbl for light crude oil pipeline transportation from Cushing to the Gulf Coast.
Seaway features access to a fully integrated midstream network of pipelines, storage facilities, and export terminals along the Gulf Coast and provides connectivity to every refinery in the Houston, Freeport, Texas City, and Beaumont/Port Arthur areas.
Dates and other details regarding the open season will be provided in a future announcement.
Read the article online at: https://www.worldpipelines.com/business-news/30102019/seaway-announces-upcoming-open-season/